On Monday, Phillips 66 (NYSE: PSX) opened lower -1.27% from the last session, before settling in for the closing price of $142.21. Price fluctuations for PSX have ranged from $107.41 to $174.08 over the past 52 weeks.
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Annual sales at Energy sector company grew by 14.03% over the past five years. Company’s average yearly earnings per share was noted -41.57% at the time writing. With a float of $422.86 million, this company’s outstanding shares have now reached $430.46 million.
Let’s look at the performance matrix of the company that is accounted for 14000 employees.
Phillips 66 (PSX) Insider Updates
A key investor’s attitude towards the stock of the Oil & Gas Refining & Marketing industry is another important factor to consider. The insider ownership of Phillips 66 is 0.26%, while institutional ownership is 77.30%. The most recent insider transaction that took place on May 16 ’24, was worth 5,502,784. In this transaction Executive Vice President of this company sold 37,742 shares at a rate of $145.80, taking the stock ownership to the 48,365 shares. Before that another transaction happened on Mar 20 ’24, when Company’s Vice President and Controller sold 7,200 for $157.26, making the entire transaction worth $1,132,290. This insider now owns 6,583 shares in total.
Phillips 66 (PSX) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 3/31/2024, the company posted 3.87 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 3.56) by 0.31. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.9 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -41.57% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -4.60% during the next five years compared to 5.58% growth over the previous five years of trading.
Phillips 66 (NYSE: PSX) Trading Performance Indicators
Check out the current performance indicators for Phillips 66 (PSX). In the past quarter, the stock posted a quick ratio of 0.82. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.40. Likewise, its price to free cash flow for the trailing twelve months is 20.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 12.99, a number that is poised to hit 1.98 in the next quarter and is forecasted to reach 13.03 in one year’s time.
Technical Analysis of Phillips 66 (PSX)
Phillips 66 (NYSE: PSX) saw its 5-day average volume 1.91 million, a negative change from its year-to-date volume of 2.67 million. As of the previous 9 days, the stock’s Stochastic %D was 80.64%. Additionally, its Average True Range was 3.14.
During the past 100 days, Phillips 66’s (PSX) raw stochastic average was set at 19.97%, which indicates a significant decrease from 75.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.93% in the past 14 days, which was lower than the 23.92% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $139.43, while its 200-day Moving Average is $138.17. Nevertheless, the first resistance level for the watch stands at $141.95 in the near term. At $143.48, the stock is likely to face the second major resistance level. The third major resistance level sits at $144.75. If the price goes on to break the first support level at $139.14, it is likely to go to the next support level at $137.87. Assuming the price breaks the second support level, the third support level stands at $136.34.
Phillips 66 (NYSE: PSX) Key Stats
There are currently 423,952K shares outstanding in the company with a market cap of 59.53 billion. Presently, the company’s annual sales total 147,399 M according to its annual income of 7,015 M. Last quarter, the company’s sales amounted to 35,811 M and its income totaled 748,000 K.
